Funding you earn now, next payment 05:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.045%
Price spread now: edgeX against Ondo Perps+0.187%7-day average +0.180% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.187%, 7d avg +0.180%
=Together, before fees+0.086%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.180%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 65.930 | −0.0050 | get 0.0006% / 1h | 3m 30s | $5.7M | $9.2M | 25x |
| Short | edgeX XAGUSDC | 66.054 | 0.0183 | get 0.0091% / 4h | 3h 03m | $670K | $311K | 30x |
Ondo Perps XAG-USD.P
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $48.98
- Price spread: +0.187% → +0.180%
- $0.71
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $35.69
- Costs to cover
- 0.140%
- Break-even
- 1.9 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 50 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 50 min ago | 2.27 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$920 | 20.8 bp −$10.4K |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAG on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.Plong | −0.0050% | 1h | 65.930 | long leg | $5.7M | $9.2M | 25x | |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | +0.089% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.080 | +0.228% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.100 | +0.258% | $1.1M | $1.0M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.080 | +0.228% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.010 | +0.122% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.036 | +0.161% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.983 | +0.080% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.713% | $11K | $94K | 52x | as long as short |
| Hotstuff SILVER-PERP | +0.0040% | 1h | 66.041 | +0.168% | $35K | $21K | 20x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Hotstuff SILVER-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.080 | +0.228% | $795K | $3.0M | 40x | as long as short |
| Gate XAG_USDT | +0.0044% | 4h | 66.060 | +0.197% | $149.8M | $164.5M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.482 | +0.837% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.029 | +0.150% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.009 | +0.120% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 66.034 | +0.157% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.030 | +0.152% | $114K | $2.7M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0060% | 1h | 66.021 | +0.138% | $166.3M | $73.9M | 25x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.995 | +0.099% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0074% | 24h | 66.036 | +0.161% | $530K | $26.7M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.052 | +0.185% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.984 | +0.082% | $469K | $604K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.020 | +0.137% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.990 | +0.091% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0109% | 4h | 66.080 | +0.228% | $27.8M | $36.5M | 150x | as long as short |
| Aster XAGUSDT | +0.0120% | 4h | 66.063 | +0.201% | $2.7M | $871K | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.036 | +0.161% | $5.2M | $10.9M | 25x | as long as short |
| Variational Omni XAG | +0.0164% | 4h | 66.053 | +0.187% | $5.7M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.063 | +0.202% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0174% | 4h | 66.056 | +0.192% | $191.1M | $703.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0174% | 4h | 66.030 | +0.152% | $115.0M | $152.9M | 1000x | as long as short |
| edgeX XAGUSDCshort | +0.0183% | 4h | 66.054 | +0.187% | $670K | $311K | 30x | |
| Nado XAG-PERP | +0.0187% | 1h | 66.010 | +0.122% | $1.4M | $5.8M | 10x | as long as short |
| BloFin XAG-USDT | +0.0196% | 4h | 66.060 | +0.197% | $2.6M | $570K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.022 | +0.139% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.050 | +0.182% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.980 | +0.076% | $1.8M | $1.0M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0210% | 4h | 66.073 | +0.217% | $395K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0223% | 8h | 66.060 | +0.197% | $27.8M | $64.6M | 50x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.060 | +0.197% | $24.0M | $44.9M | 100x | as long as short |
| Bullet SILVER-USD | +0.0237% | 1h | 66.080 | +0.228% | $44K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.042 | +0.169% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.075 | +0.220% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0623% | 1h | 66.045 | +0.174% | $911K | $685K | 25x | as long as short |
StandX XAG-USD
Gate XAG_USDT
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Aster XAGUSDT
Lighter XAG
Variational Omni XAG
Aevo XAG-PERP
Binance XAGUSDT
MEXC SILVER_USDT
Nado XAG-PERP
BloFin XAG-USDT
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD